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Penelope Bourbon Price Guide (2024 Best Edition)

Penelope buying guide

Last Updated on April 2, 2024 by Lydia Martin

Penelope bourbon is relatively young in the bourbon whiskey race, released only in 2018. The bourbon has a unique and interesting name, quite new and fresh-sounding than bourbon brand names.

Amidst being a “baby,” this bourbon quickly attracted many bourbon fans.

However, it could be risky to try out new bourbons without knowing what the brand could offer.

Read on to know more about Penelope bourbon price, history, and more.

All About Penelope Straight Bourbon Whiskey 

Penelope Straight Bourbon Whiskey

Penelope straight bourbon whiskey is named after the daughter of Mike Paladini, the bourbon’s founder.

It’s not a secret that Penelope sources its bourbon, MGP in Indiana distills it, and Castle & Key distillery blends and bottles it.

This bourbon is the brand’s signature Four Grain straight bourbon whiskey, blended from three complex bourbon mash bills. Each bourbon barrel is hand-selected and blended into a single batch, giving it extra smoothness and flavor. 

This Four Grain straight bourbon whiskey is 80 proof, non-chill-filtered, offering spicy, butterscotch, brown sugary, and vanilla flavor notes.

Interesting Facts 

Interesting Facts 

History & Origin

Penelope bourbon came into existence when Mike Paladini and Kerry, his wife, found out they were expecting a baby girl.

Mike realized he wanted to commemorate the birth of his child, so he decided to craft a spirit embodying the daily joy of celebrating life’s pleasures.

Mike then teamed up with his childhood friend and neighbor, Danny Polise, to craft this whiskey they thought everyone would love. Together, they founded Penelope bourbon in 2018.

Today, Penelope bourbon can be bought in over 26 states and four countries.

How It’s Made

Bourbon Mash Bill Process

Penelope bourbon is sourced in MGP in Indiana, where three blends of bourbon mash bills are used to craft this Four Grain spirit. The three blends use four grains comprising corn, rye, wheat, and malted barley.

The blends are from MPG in Lawrenceburg, Indiana, but the company sources its barrels in Speyside Cooperage. Then, the Castle & Key distillery [1] blends the bourbon mash bills and bottles the final product.

Aging Process & Age Statement

Penelope bourbon is aged in number four char barrels with number two char heads. The blends are aged two to three years. 

This bourbon is non-chill-filtered and then bottled at 80 proof.

Mash Bill & Alcohol Content

Bourbon Mash Bill Ingredients

Penelope bourbon is sourced in an Indiana-based MGP distillery comprising a mash bill containing four grains. This Four Grain straight bourbon whiskey uses 75% corn, 7% rye, 15% wheat, and 3% malted barley.

This bourbon [1] contains 40% alcohol by volume, which some bourbon brands also have. This bourbon may offer a smooth, welcoming palate to beginners.

However, seasoned bourbon enthusiasts who like their spirits with a kick might think otherwise.

Ownership & Distillery

Mike Paladini and Daniel Polise founded Penelope bourbon. Mike is currently the brand’s CEO, while Daniel is the COO. 

The Penelope Four Grain straight bourbon whiskey is sourced in MGP Ingredients, Inc, an Indiana-based distillery founded in 1847. 

On Penelope bourbon’s website, you’ll also see the name of Bardstown Bourbon Company. The brand acknowledges the giant Kentucky-based distillery as one of its high-valued partners.

Tasting Notes 

Tasting Notes 


Penelope bourbon has slight leather, sweet fruit and grain, and very slight cream, candied cherry forward notes.


This bourbon has a warm amber color.


After your first sip, your nose will be greeted with light oak, syrup, balanced corn sweetness and caramel, a dynamic aroma profile, and savory notes.


This bourbon has a cornbread and slight buttercream-y (like icing) finish, accompanied by lingering vanilla spice.

Common Penelope Four Grain Straight Bourbon Whiskey Price

Common Penelope Four Grain Straight Bourbon Whiskey Price

Type Size Alcohol By Volume Average Price
Penelope Four Grain Straight Bourbon Whiskey 750 ml 40% Around $39.99 

Compared to Other Bourbons



Larceny Small Batch Bourbon is cheaper than Penelope Four Grain straight bourbon whiskey. You can score a bottle of Larceny bourbon at around $28.99 per 750 ml, almost $10 cheaper than Penelope’s. 

This wheated bourbon has a higher alcohol proof of 92 and contains wheat and rye, like Penelope bourbon. It has a smooth and velvety finish.

Evan Williams

Evan Williams

Evan Williams bourbon is cheaper than Penelope and Larceny bourbons. Evan Williams only costs around $17.99 for a 1L bottle. It also has a higher proof (86) than Penelope’s. 

This smooth, rich bourbon has a medium amber color with brown sugar, oak, and caramel-tasting notes with a medium to long finish.

Knob Creek

Knob Creek

Knob Creek bourbon is cheaper than Penelope by barely $2. This bourbon costs around $37.99 per 750ml. This has a higher alcohol proof (100) than Penelope, offering an unflinching balance of deep flavor profile (pre-Prohibition style) with a robust oak taste. 

It has a rich, woody, sweet, full-bodied, almost fruity tasting notes and a copper to medium amber color.

Popular Penelope Bourbon Whiskey Cocktail Recipe

Popular Penelope Bourbon Whiskey Cocktail Recipe

Penny Lane Mint Julep

Mint Julep

Prep Time: 3 minutes

Total Time: 3 minutes


  • 1.5 oz Penelope bourbon
  • 3-4 Chopped fresh mint leaves
  • 1 oz simple syrup
  • 1-2 Strawberries
  • 3 oz Natalie’s Strawberry lemonade
  • Fresh mint sprigs for garnish
  • Lemon slices, for garnish

Instructions: Muddle the strawberry and mint leaves with simple syrup in a julep cup or an old-fashioned glass, then top them with ice. 

In an ice-filled cocktail shaker, combine Strawberry lemonade and bourbon. Shake the mixture until well chilled, then pour into a glass. Garnish the cocktail with lemon slices and fresh sprigs of mint.

Serving: 1

Big Pippin

Prep Time: 5 minutes

Total Time: 5 minutes


  • 2 oz Penelope bourbon
  • ½-1 oz Agave nectar 
  • 2 Basil leaves
  • 1 oz fresh lemon juice
  • ¼ cup blackberries
  • Club soda for topping

Instructions: Muddle the blackberries and Basil leaves with the agave nectar. Remember to adjust the amount of agave nectar to the sweetness and tartness of the berries. 

Fill the glass halfway with ice, and then add the lemon juice and Penelope bourbon. Stir well. Add more ice to the glass before topping the mixture with club soda. Garnish with fresh blackberries, and Basil leaves.

Serving: 1

Frequently Asked Questions (FAQs)

How much did Penelope Bourbon sell for?

The sale price of Penelope Bourbon, as of the latest available information, remains undisclosed to the public. Such details are often closely guarded by the parties involved in the sale, and precise figures may not be readily accessible to the public. The sale price of a bourbon brand can be influenced by numerous factors, including market conditions, brand reputation, production capacity, distribution networks, and potential growth prospects.

In recent years, the bourbon industry has witnessed increased interest from investors and consumers alike, leading to notable acquisitions and strategic partnerships within the sector. However, the specific terms and financial details of these transactions are typically disclosed only to the parties directly involved. Therefore, for accurate information regarding the sale price of Penelope Bourbon, it is advisable to consult reliable business news sources or official announcements from the company.

Where is Penelope Bourbon from?

Penelope Bourbon originates from the United States, where it is crafted with care and expertise in Lawrenceburg, Indiana. Lawrenceburg has a rich heritage in bourbon production and is home to several renowned distilleries. The town’s favorable climate, access to high-quality grains, and tradition of skilled craftsmanship make it an ideal location for bourbon production.

The production process for Penelope Bourbon involves sourcing the finest ingredients, including corn, rye, and malted barley, which are carefully selected to achieve the desired flavor profile. The grains are then mashed, fermented, distilled, and aged according to time-honored techniques, resulting in a bourbon of exceptional quality and character.

While Penelope Bourbon is distilled in Lawrenceburg, Indiana, it is enjoyed by bourbon enthusiasts across the country and beyond. The brand’s commitment to quality, craftsmanship, and innovation has earned it a loyal following among whiskey connoisseurs and casual drinkers alike.

Is Penelope Bourbon sweet?

The flavor profile of Penelope Bourbon is characterized by a harmonious balance of sweet and savory notes, making it a versatile and enjoyable spirit for a wide range of palates. While individual perceptions of sweetness can vary, Penelope Bourbon typically exhibits a smooth and approachable character with nuanced flavors that appeal to whiskey enthusiasts.

One of the defining characteristics of Penelope Bourbon is its well-rounded palate, which often includes notes of caramel, vanilla, and toffee. These flavors contribute to the bourbon’s perceived sweetness and impart a luscious mouthfeel that delights the senses. Additionally, the aging process in charred oak barrels lends depth and complexity to the whiskey, infusing it with subtle hints of oak, spice, and toasted grains.

It’s important to note that the perception of sweetness in bourbon can be influenced by factors such as personal taste preferences, individual sensory perceptions, and the specific expression or batch of Penelope Bourbon being sampled. As such, the sweetness of Penelope Bourbon may vary slightly from one bottling to another, providing whiskey enthusiasts with an ever-evolving and enriching tasting experience.

Ultimately, whether Penelope Bourbon is considered sweet is subjective and can depend on the palate of the individual enjoying it. With its well-balanced flavor profile and smooth, inviting character, Penelope Bourbon offers a delightful drinking experience that can be savored on its own or enjoyed in cocktails and mixed drinks.

What percent alcohol is Penelope Bourbon?

Penelope Bourbon typically has an alcohol by volume (ABV) content that falls within the standard range for bourbon whiskey, which is 40% to 50% ABV.

This ABV range is commonly found in bourbon products and is regulated by law in the United States, where bourbon is produced. The specific ABV of Penelope Bourbon may vary slightly depending on the expression or batch, but it generally aligns with industry standards for bourbon whiskey.

Bourbon whiskey, including Penelope Bourbon, is known for its robust flavor profile, which is achieved through the distillation of fermented grain mash and aging in charred oak barrels.

The alcohol content of Penelope Bourbon contributes to its rich and complex character, making it a favorite among whiskey enthusiasts for sipping neat, on the rocks, or in cocktails.

Who owns Penelope Bourbon?

Penelope Bourbon is owned and operated by a family-owned and operated company called Penelope Bourbon LLC. Founded by Mike Paladini, Danny Polise, and John Bourgeois, Penelope Bourbon is a small-batch bourbon brand that focuses on crafting high-quality whiskey using traditional methods and innovative techniques.

The founders of Penelope Bourbon share a passion for whiskey and a commitment to producing spirits of exceptional quality. They oversee every aspect of the production process, from selecting the finest ingredients to meticulously aging and bottling each batch of bourbon. Their dedication to craftsmanship and attention to detail have earned Penelope Bourbon a loyal following among whiskey enthusiasts and connoisseurs.

While Penelope Bourbon is a relatively new player in the bourbon industry, the brand has quickly gained recognition for its distinctive flavor profile and commitment to quality. As an independent and family-owned company, Penelope Bourbon remains focused on producing small-batch whiskey that showcases the rich heritage and tradition of American bourbon.

What is the most expensive bottle of whiskey in the world?

The title of the most expensive bottle of whiskey in the world can vary depending on factors such as auction results, rarity, age, and the presence of unique features or packaging. However, one of the most renowned and sought-after bottles of whiskey to achieve record-breaking prices at auctions is the Macallan “M” Decanter.

The Macallan “M” Decanter is a limited edition release from The Macallan Distillery, renowned for its exceptional single malt Scotch whisky. Crafted from hand-blown crystal and adorned with intricate designs, the “M” Decanter is a masterpiece of craftsmanship and luxury.

One notable example of the Macallan “M” Decanter achieving a record price occurred in 2014, when a bottle sold for $628,000 at a Sotheby’s auction in Hong Kong. This staggering sale price set a new world record for the most expensive bottle of whiskey ever sold at auction, highlighting the enduring allure and prestige of rare and collectible spirits.

While the Macallan “M” Decanter holds the record for the most expensive bottle of whiskey sold at auction, other rare and limited edition releases from prestigious distilleries have also fetched significant prices on the secondary market. As demand for premium and collectible whiskey continues to grow among enthusiasts and investors, the quest for the most expensive bottle of whiskey remains a fascinating and ever-evolving pursuit.

How long is Penelope Bourbon aged?

Penelope Bourbon is typically aged for a minimum of three years, adhering to the legal requirements for bourbon whiskey in the United States. According to U.S. regulations, bourbon must be aged in new charred oak barrels for a minimum of two years to be considered straight bourbon.

However, many distilleries, including Penelope Bourbon, choose to age their whiskey for longer periods to achieve greater depth of flavor and complexity.

While the exact aging process may vary depending on the expression or batch of Penelope Bourbon, the brand is known for its commitment to quality and craftsmanship in every stage of production.

The aging process plays a crucial role in developing the whiskey’s flavor profile, imparting characteristics such as oakiness, sweetness, and complexity.

What is Penelope whiskey?

Penelope Whiskey is a brand of bourbon whiskey produced by Penelope Bourbon LLC, a family-owned and operated company based in the United States. Penelope Whiskey is crafted with care and expertise, using a blend of high-quality grains and traditional distillation methods to create a smooth and flavorful spirit.

The founders of Penelope Bourbon share a passion for whiskey and a commitment to producing spirits of exceptional quality. They oversee every aspect of the production process, from selecting the finest ingredients to meticulously aging and bottling each batch of bourbon.

Their dedication to craftsmanship and attention to detail have earned Penelope Whiskey a loyal following among whiskey enthusiasts and connoisseurs.

What is Penelope Bourbon named after?

Penelope Bourbon is named after the daughter of one of the brand’s co-founders, Mike Paladini. The name “Penelope” holds personal significance for the founders, reflecting their shared values of family, tradition, and heritage.

By naming their bourbon after Mike Paladini’s daughter, the founders of Penelope Bourbon pay homage to the next generation and the future of the brand. The name also adds a personal touch to the whiskey, imbuing it with a sense of warmth, authenticity, and connection to its origins.

In addition to honoring family ties, the name “Penelope Bourbon” evokes images of timeless elegance, sophistication, and craftsmanship. It reflects the brand’s commitment to producing high-quality spirits that are enjoyed and appreciated by whiskey enthusiasts around the world.

Which is sweeter: bourbon or Scotch?

Generally, bourbon tends to be sweeter than Scotch whisky. This distinction primarily arises from differences in production processes, ingredients, and aging techniques.

Bourbon, by law, must be made primarily from corn and aged in new charred oak barrels. Corn contributes a natural sweetness to bourbon, while aging in charred oak barrels imparts flavors of caramel, vanilla, and butterscotch. These sweet notes are characteristic of many bourbons and contribute to their overall flavor profile.

In contrast, Scotch whisky is typically made from malted barley and aged in used oak barrels. While Scotch whisky can exhibit a wide range of flavors, including sweet, fruity, floral, and smoky notes, it generally tends to have a drier and more complex flavor profile compared to bourbon. The use of malted barley and the influence of different types of oak barrels contribute to the unique taste of Scotch whisky.

Ultimately, individual preferences and the specific characteristics of each bourbon or Scotch whisky will determine which is perceived as sweeter.

Final Verdict: Penelope Bourbon Price

Penelope Four Grain straight bourbon whiskey was released in 2018 and named after its founder, Mike Paladini’s daughter. This bourbon whiskey has 80 alcohol proof with only 100 calories per 1.5-ounce pour. 

It contains three bourbon mash bills comprising four grains: corn, wheat, rye, and malted barley, sourced in an Indiana-based MGP distillery. You can score a bottle of this unique bourbon at around $39.99, which could be relatively expensive to some.


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